PRACTICE ADVANTAGE PTY LTD

Wexted Advisors were appointed Members Voluntary Liquidators of a content and marketing platform targeted at professional practice firms.

The Director and Shareholders wished to sell the business, distribute its assets equitably and wind up the Company’s affairs.

The members voluntary liquidators conducted an urgent independent sale of business campaign, and exchanged contracts with a suitable buyer within three days of appointment.

The sale led to net asset surplus, allowing for creditors to be paid in full and a distribution to members prior to deregistration.